Worley Ltd
WOR: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^z | LOCK|#n | LOCK|#bQ$?@ |
Worley: Contract Awards in Accord With Outlook Guidance
For no-moat sustainability facilitator Worley, we project 8.4% five-year EBITDA compound annual growth rate to an unchanged AUD 1.3 billion by fiscal 2029 versus fiscal 2024’s AUD 852 million. This assumes EBITDA margin expansion to 9.0% midcycle versus fiscal 2024’s 7.3% and a five-year historical average near 7.0%.
